SLV Forecast 2/16/16

201602.16

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SLV Forecast 2/16/16

The Silver Tracking Instrument (NYSE:SLV) has been attracting a lot of attention since gold’s recent price move to the upside. Silver also is a viable tool to use as a hedge against economic disaster, inflation, etc…However, it is a bit different from gold because if its industrial usage. We have put a green box on the chart to use as an “accumulation zone” and will expect price to pullback, then rally again in the weeks and months to come.

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